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Nonprofit · EIN 23-7358794

MERCY FOUNDATION OF DES MOINES IOWA

Tax-exempt · DES MOINES, IA 50314

Financials

$11.7M$6.6M2022$21.7M$8.4M2023$10.6M$5.9M2024
Revenue Expenses · by fiscal year end
Financials of MERCY FOUNDATION OF DES MOINES IOWA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,643,019$5,913,628$4,729,391$99,404,750$13,473,474$85,931,276
June 30, 2024990$21,666,244$8,378,259$13,287,985$91,440,689$14,630,734$76,809,955
June 30, 2023990$11,746,490$6,583,488$5,163,002$76,163,602$6,308,468$69,855,134
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,964,895
Program service revenue
$0
Investment income
$3,643,540
Net gain from sales of assets
$840,530
Net income from fundraising events
$34,284
Other revenue
$34,584

Expenses

Grants and similar amounts paid
$3,709,340
Compensation of officers, directors and key employees
$435,022
Other salaries and wages
$551,901
Salaries, compensation and benefits (total)
$1,102,850
Professional fundraising fees
$0
Occupancy
$398,169
Travel
$5,743
Depreciation
$41,787
Program services (functional)
$3,725,105
Management and general (functional)
$853,299
Fundraising (functional)
$1,335,224

Balance sheet and other

Total assets, start of year
$91,440,689
Total assets, end of year
$99,404,750
Total liabilities, end of year
$13,473,474
Net assets, end of year
$85,931,276
Land, buildings and equipment
$30,349
Publicly traded securities
$66,192,568
Net assets without donor restrictions
$52,139,637
Net assets with donor restrictions
$33,791,639
Gross receipts
$10,858,766
Employees
0
Volunteers
12
Year formed
1973
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANEESA AFROZE MDDIR; V CHR; INFECT DISEASE PHYSICIAN
Trustee or director, Officer
1$0$763,611$22,156
JENNIFER OLSON DODIRECTOR; PRESIDENT MERCY CLINICS
Trustee or director
1$0$627,014$120,231
JASON MEYERS MDDIRECTOR; ELECTROPHYSIOLOGIST
Trustee or director
1$0$664,968$35,479
VANESSA FREITAGDIRECTOR; COO MERCYONE DES MOINES
Trustee or director
1$0$526,825$99,579
JODIE ROETTGERFORMER OFFICER
Former
0$0$428,790$30,461
SHANNON COFIELDDIRECTOR; FOUNDATION PRESIDENT
Trustee or director, Officer
48$0$398,009$37,013
JOAN BINDELVICE PRESIDENT PHILANTHROPY
Highest-paid employee
39$0$191,809$15,002
DAVID CHAPMANDIRECTOR; CHAIR
Trustee or director, Officer
1$0$0$0
DENNIS MENKENDIRECTOR; TREASURER
Trustee or director, Officer
1$0$0$0
KELLY BUCHERDIRECTOR; SECRETARY
Trustee or director, Officer
1$0$0$0
JOSH COOKDIRECTOR
Trustee or director
1$0$0$0
SUSAN FITZSIMMONSDIRECTOR
Trustee or director
1$0$0$0
ERIN KUHLDIRECTOR
Trustee or director
1$0$0$0
CARY MURPHY MDDIRECTOR
Trustee or director
1$0$0$0
MARC SCANTLINDIRECTOR
Trustee or director
1$0$0$0
4 more people on this return
NameTitleHours / weekCompensation
LINDA SEMONDIRECTOR
Trustee or director
1$0
ERIK SORENSENDIRECTOR
Trustee or director
1$0
MARTIN WALSHDIRECTOR
Trustee or director
1$0
TERRI DONOVAN PD BY MGMT COINTERIM VP FINANCE & CFO MERCYONE
Officer
1$0
990 for the year ended June 30, 2024: 27 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL WEGNERDIR&PRES MERCYONE CTRL IA THR 12/23
Trustee or director
1$0$1,018,938$65,930
RANDALL RUBINFORMER OFFICER; SVP, CFO THR 6/23
Former
0$0$995,107$28,353
JENNIFER OLSON DODIRECTOR; PRESIDENT MERCY CLINICS
Trustee or director
1$0$555,619$134,241
JASON MEYERS MDDIRECTOR; ELECTROPHYSIOLOGIST
Trustee or director
1$0$625,007$51,528
ANEESA AFROZE MDDIR; INFECTIOUS DISEASE PHYSICIAN
Trustee or director
1$0$535,083$38,204
JODIE ROETTGERVP FIN & CFO MERCYONE IA 7/23-12/23
Officer
1$0$503,397$45,118
SHANNON COFIELDDIRECTOR; FOUNDATION PRESIDENT
Trustee or director, Officer
38$0$402,805$43,990
JOAN BINDELVICE PRESIDENT PHILANTHROPY
Highest-paid employee
39$0$172,445$14,993
MARTIN WALSHDIRECTOR; CHAIR
Trustee or director, Officer
1$0$0$0
ERIN KUHLDIRECTOR; VICE CHAIR
Trustee or director, Officer
1$0$0$0
KELLY BUCHERDIRECTOR; SECRETARY
Trustee or director, Officer
1$0$0$0
DENNIS MENKENDIRECTOR; TREASURER
Trustee or director, Officer
1$0$0$0
BROOKE AVILADIRECTOR
Trustee or director
1$0$0$0
DAVID CHAPMANDIRECTOR
Trustee or director
1$0$0$0
JOSH COOKDIRECTOR
Trustee or director
1$0$0$0
BRADLEY DUFFYDIRECTOR
Trustee or director
1$0$0$0
SUSAN FITZSIMMONSDIRECTOR
Trustee or director
1$0$0$0
ALISON FRASERDIRECTOR
Trustee or director
1$0$0$0
VANESSA FREITAGDIR & COO MERCYONE IA AS OF 4/24
Trustee or director
1$0$0$0
JOYCE LILLISDIRECTOR
Trustee or director
1$0$0$0
CARY MURPHY MDDIRECTOR
Trustee or director
1$0$0$0
MARC SCANTLINDIRECTOR
Trustee or director
1$0$0$0
LINDA SEMONDIRECTOR
Trustee or director
1$0$0$0
ERIK SORENSENDIRECTOR
Trustee or director
1$0$0$0
LOIS VOGELDIRECTOR
Trustee or director
1$0$0$0
MICHELE WHITTYDIRECTOR
Trustee or director
1$0$0$0
TERRI DONOVAN PD BY MGMT COINT VP FINANCE MERCYONE AS OF 1/24
Officer
1$0$0$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL WEGNERDIRECTOR; PRES MERCYONE CENTRAL IA
Trustee or director
1$0$1,287,604$41,869
RANDALL RUBINSVP, CFO MERCYONE CENTRAL IA
Officer
1$0$581,824$44,235
JENNIFER OLSON MDDIRECTOR; PRESIDENT MERCY CLINICS
Trustee or director
1$0$451,195$42,350
MAY TEE MDDIR; GENERAL SURGEON, MERCYONE IA
Trustee or director
1$0$407,997$49,861
SHANNON COFIELDFOUNDATION PRESIDENT
Officer
38$0$320,994$31,642
THOMAS BROWN MDDIR; CARDIOLOGIST MERCYONE IA
Trustee or director
1$0$123,305$27,130
DENNIS MENKENDIRECTOR; CHAIR
Trustee or director, Officer
1$0$0$0
MARTIN WALSHDIRECTOR; VICE CHAIR
Trustee or director, Officer
1$0$0$0
CHRIS CORNELIUSDIRECTOR; TREASURER
Trustee or director, Officer
1$0$0$0
KELLY BUCHERDIRECTOR; SECRETARY
Trustee or director, Officer
1$0$0$0
BROOKE AVILADIRECTOR
Trustee or director
1$0$0$0
JOSH COOKDIRECTOR
Trustee or director
1$0$0$0
BRADLEY DUFFYDIRECTOR
Trustee or director
1$0$0$0
SUSAN FITZSIMMONSDIRECTOR
Trustee or director
1$0$0$0
ALISON FRASERDIRECTOR
Trustee or director
1$0$0$0
ERIN KUHLDIRECTOR
Trustee or director
1$0$0$0
JOYCE LILLISDIRECTOR
Trustee or director
1$0$0$0
CARY MURPHY MDDIRECTOR
Trustee or director
1$0$0$0
TIM NEUGENTDIRECTOR
Trustee or director
1$0$0$0
MARC SCANTLINDIRECTOR
Trustee or director
1$0$0$0
LINDA SEMONDIRECTOR
Trustee or director
1$0$0$0
ERIK SORENSONDIRECTOR
Trustee or director
1$0$0$0
LOIS VOGELDIRECTOR
Trustee or director
1$0$0$0
MICHELE WHITTYDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1111 6TH AVENUE, DES MOINES, IA 50314-2610
Principal officer (990 for 2024)
SHANNON COFIELD, 1111 6TH AVENUE, DES MOINES, IA 50314
Signed the 990
TERRI DONOVAN, INTERIM VP FINANCE AND CFO
Phone
(515) 247-3248

Mission

WE, MERCY FOUNDATION OF DES MOINES, IOWA AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES. MERCY FOUNDATION OF DES MOINES, IOWA IS A MEMBER OF TRINITY HEALTH.

990 for the year ended June 30, 2025

Program accomplishments

  • THE PURPOSE OF MERCY FOUNDATION OF DES MOINES, IOWA (MERCY FOUNDATION) IS TO PROVIDE SUPPORT FOR THE PROGRAMS OF MERCYONE DES MOINES MEDICAL CENTER AND ITS TAX-EXEMPT AFFILIATES. MERCY FOUNDATION CONNECTS DONORS TO CRITICAL NEEDS AND SECURES VITAL FUNDING THAT ENSURES EQUAL ACCESS, CLINICAL EXCELLENCE AND HIGH-QUALITY CARE FOR ALL IN CENTRAL IOWA.FOR MORE INFORMATION ABOUT MERCY FOUNDATION, PLEASE VISIT OUR WEBSITE AT: WWW.MERCYONE.ORG/DESMOINESFOUNDATION/ABOUT-US
    Expenses $3,725,105 · grants $3,709,340 · revenue $300

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7358794
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1975
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E120)
Assets (IRS master file)
$99,404,750
Income (IRS master file)
$10,858,766

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,643,019$5,913,628$99,404,750IRS
990June 2024$21,666,244$8,378,259$91,440,689IRS
990June 2023$11,746,490$6,583,488$76,163,602XML
990June 2022$10,214,363$12,126,825$68,233,167IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7358794).

Questions about MERCY FOUNDATION OF DES MOINES IOWA

What is the EIN of MERCY FOUNDATION OF DES MOINES IOWA?
The employer identification number (EIN) of MERCY FOUNDATION OF DES MOINES IOWA is 23-7358794.
Is MERCY FOUNDATION OF DES MOINES IOWA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to MERCY FOUNDATION OF DES MOINES IOWA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MERCY FOUNDATION OF DES MOINES IOWA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MERCY FOUNDATION OF DES MOINES IOWA due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MERCY FOUNDATION OF DES MOINES IOWA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MERCY FOUNDATION OF DES MOINES IOWA?
The 990 for the year ended June 30, 2025 names SHANNON COFIELD.
Who are the officers and directors of MERCY FOUNDATION OF DES MOINES IOWA?
The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
How much revenue does MERCY FOUNDATION OF DES MOINES IOWA have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,643,019, expenses of $5,913,628 and total assets of $99,404,750 at year end.

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